A graphical take on geoeconomic issues, with links to the news and expert commentary.

China Embraces Keynes

by
November 10, 2008

In a move intended to counter slowing economic growth, China announced its largest ever fiscal stimulus plan of four trillion yuan ($586 billion). The two year package, which includes spending on health care, education, and infrastructure projects, was welcomed by economists and investors who hope that China can serve as a locomotive for the world. Should the rest of the world follow suit with large fiscal stimulus plans of their own?